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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
by Andrew McHattie
Rating: ISBN-10: 027303751X



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Warrant News Archive (1984 – Present)



Date Sym Company News
       
31-Dec-12 LHR Lakeview Hotel Investment Corp Company News
28-Dec-12 F FAM Real Estate Investment Trust Company News
24-Dec-12 FRN Feronia Inc New Listing
21-Dec-12 F FAM Real Estate Investment Trust New Listing
20-Dec-12 HCS Canadian Premium Select Income Fund Company News
14-Dec-12 VG Veris Gold Corp Warrants Called to Trade
12-Dec-12 AR Argonaut Gold Inc Warrants Expire
12-Dec-12 WRN Western Copper and Gold Corp Warrants Delisted
11-Dec-12 WRN Western Copper and Gold Corp Warrants Expire
11-Dec-12 NSR Premier Royalty Inc Company News
7-Dec-12 RNX Royal Nickel Corp Warrants Expire
6-Dec-12 ZAZ Zazu Metals Corp Warrants Expire
5-Dec-12 BPV Bridgeport Ventures Inc Company News
5-Dec-12 PG Premier Gold Mines Ltd Company News
4-Dec-12 BPV Bridgeport Ventures Inc Warrants Expire
22-Nov-12 SSL Sandstorm Gold Ltd  Shares Delisted from TSX-V
16-Nov-12 FCS Faircourt Split Trust Warrants Expire
14-Nov-12 NGD New Gold Inc Warrants Expire
14-Nov-12 SBI Serabi Gold PLC Warrants Expire
14-Nov-12 BIR Birchcliff Energy Ltd Company News
9-Nov-12 FGX Faircourt Gold Income Corp Public Offering
6-Nov-12 GFO Connor Clark & Lunn Fin. Opp Fund Warrants Expire
2-Nov-12 FGX Faircourt Gold Income Corp Warrants Called to Trade
2-Nov-12 FRO Frontier Rare Earths Ltd Warrants Expire
1-Nov-12 PLG Pilot Gold Inc Company News
24-Oct-12 FGX Faircourt Gold Income Corp Final Prospectus Filed
23-Oct-12 TXG Torex Gold Resources Inc Company News
22-Oct-12 TXG Torex Gold Resources Inc Warrants Called to Trade
12-Oct-12 AC Air Canada Warrants Expire
9-Oct-12 OUS Omega Advisors US Capital Apprec. Fund Warrants Expire
4-Oct-12 GBG Great Basin Gold Ltd Company News
2-Oct-12 PNP Pinetree Capital Ltd Warrants Expire
2-Oct-12 FGX Faircourt Gold Income Corp Prospectus Filed
28-Sep-12 LGC Luna Gold Corp  New Listing
28-Sep-12 LGC Luna Gold Corp  Company News
25-Sep-12 SCG Selectcore Ltd Prospectus Approved
20-Sep-12 LGC Luna Gold Corp  Company News
17-Sep-12 CNI Continental Nickel Ltd Shares Delisted from TSX-V
17-Sep-12 FCR First Capital Realty Inc Prospectus Approved
14-Sep-12 IXR IMX Resources Ltd New Listing
14-Sep-12 GFP Gale Force Petroleum Inc  Warrants Called to Trade
7-Sep-12 SSL Sandstorm Gold Ltd  Warrants Called to Trade
7-Sep-12 CNL Continental Gold Ltd Warrants Expire
30-Aug-12 CNL Continental Gold Ltd Warrants Expire
23-Aug-12 EIT EnerVest Diversified Income Trust  Company News
20-Aug-12 FCS Faircourt Split Trust Warrants Called to Trade
20-Aug-12 FDR Flinders Resources Ltd Warrants Called to Trade
17-Aug-12 FDR Flinders Resources Ltd New Listing
16-Aug-12 EIT EnerVest Diversified Income Trust  Warrants Called to Trade
15-Aug-12 USA US Silver & Gold Inc Company News
14-Aug-12 BIR Birchcliff Energy Ltd Company News
13-Aug-12 EIT EnerVest Diversified Income Trust  Final Prospectus Filed
13-Aug-12 USA US Silver Corp  Company News
7-Aug-12 CXI Currency Exchange International Corp Company News
3-Aug-12 BIR Birchcliff Energy Ltd Warrants Called to Trade
3-Aug-12 FCR First Capital Realty Inc Company News
2-Aug-12 FCR First Capital Realty Inc Warrants Called to Trade
26-Jul-12 OER Oando Energy Resources Inc New Listing
9-Jul-12 CMT Compton Petroleum Corp  Company News
5-Jul-12 PYC Primary Corp  Name/Symbol Change
4-Jul-12 PYC Primary Corp  Change Name
29-Jun-12 LHR Lakeview Hotel REIT New Listing
25-Jun-12 EPZ Esperanza Resources Corp Warrants Called to Trade
21-Jun-12 LFE Canadian Life Companies Split Corp  Company News
21-Jun-12 FTU US Financial 15 Split Corp  Company News
18-Jun-12 WLT Walter Energy Inc Warrants Expire
14-Jun-12 HEN Energy Leaders Income Fund Units Separation
6-Jun-12 TEM Tembo Gold Corp New Listing
6-Jun-12 YNG Yukon-Nevada Gold Corp Warrants Expire
6-Jun-12 TEM Tembo Gold Corp Warrants Called to Trade
6-Jun-12 VNP 5N Plus Inc Company News
4-Jun-12 VNP 5N Plus Inc Warrants Called to Trade
1-Jun-12 DPM Dundee Precious Metals Inc Warrants Expire
24-May-12 FMS Focus Graphite Inc Change Name
16-May-12 MGA Mega Uranium Ltd Warrants Expire
15-May-12 AAB Aberdeen International Inc Warrants Expire
14-May-12 MQA Macquarie Emerging Mkts Infr Income Fund Prospectus Filed
14-May-12 ELG Elgin Mining Inc Company News
10-May-12 OUS Omega Advisors US Capital Appreciation Fund Warrants Called to Trade
10-May-12 PDQ Petrodorado Energy Ltd Warrants Called to Trade
8-May-12 SSL Sandstorm Gold Ltd  Rollback
4-May-12 SSL Sandstorm Gold Ltd Company News
4-May-12 OUS Omega Advisors US Capital Appreciation Fund Final Prospectus Filed
3-May-12 ELG Elgin Mining Inc Shares Delisted from TSX-V
3-May-12 ELG Elgin Mining Inc New Listing
2-May-12 ELG Elgin Mining Inc New Listing
2-May-12 ELG Elgin Mining Inc Company News
2-May-12 GOZ Gold-Ore Resources Ltd Company News
1-May-12 DS Dividend Select 15 Corp Warrants Called to Trade
1-May-12 PDV Prime Dividend Corp Warrants Called to Trade
1-May-12 BK Canadian Banc Corp Warrants Called to Trade
23-Apr-12 BK Canadian Banc Corp Warrant Offering
23-Apr-12 DS Dividend Select 15 Corp Warrant Offering
23-Apr-12 PDV Prime Dividend Corp Warrant Offering
19-Apr-12 BEV Bennett Environmental Inc Warrants Expire
13-Apr-12 IFN Infinity Minerals Corp New Listing
12-Apr-12 GMC Geovic Mining Corp Warrants Expire
12-Apr-12 XHG Star Hedge Managers Corp II Warrants Expire
12-Apr-12 COX Coxe Commodity Strategy Fund Warrants Expire
5-Apr-12 MGT Mines Management Inc Warrants Expire
3-Apr-12 AYA Amaya Gaming Group Inc New Listing
3-Apr-12 EIT EnerVest Diversified Income Trust  Warrants Expire
29-Mar-12 AUN Aurcana Corp  Warrants Called to Trade
28-Mar-12 GBG Great Basin Gold Ltd Warrants Called to Trade
27-Mar-12 PVG Pretium Resources Inc Warrants Expire
27-Mar-12 SWY Stornoway Diamond Corp  Warrants Called to Trade
23-Mar-12 MLP Front Street MLP Income Fund Ltd Warrants Expire
23-Mar-12 PNP Pinetree Capital Ltd Warrants Expire
21-Mar-12 HGI Global Adv Telecom & Utilities Income Fund Warrants Expire
21-Mar-12 NGD New Gold Inc Warrants Expire
15-Mar-12 RRX Raging River Exploration Inc Company News
13-Mar-12 GFO Connor Clark & Lunn Financial Opp Fund Warrants Called to Trade
13-Mar-12 RRX Raging River Exploration Inc New Listing
9-Mar-12 CXI Currency Exchange International Corp Company News
9-Mar-12 TRL Trimel Pharmaceuticals Corp Company News
8-Mar-12 CXI Currency Exchange International Corp New Listing
5-Mar-12 CTF Citadel Income Fund Warrants Expire
5-Mar-12 FNV Franco-Nevada Corp Warrants Expire
24-Feb-12 LGC Luna Gold Corp  Rollback
23-Feb-12 LGC Luna Gold Corp  Rollback
22-Feb-12 GMC Geovic Mining Corp Warrants Expire
17-Feb-12 TMB Tembec Inc  Warrants Expire
13-Feb-12 ENI Energy Income Fund Warrants Expire
9-Feb-12 XMF M Split Corp Warrants Expire
9-Feb-12 YCM Commerce Split Corp Warrants Expire
8-Feb-12 CNM Canadian Income Management Trust Warrants Expire
2-Feb-12 ML Mercator Minerals Ltd Warrants Expire
26-Jan-12 USA US Silver Corp  Rollback
24-Jan-12 TMD Titan Medical Inc Warrants Called to Trade
23-Jan-12 USA US Silver Corp Company News
20-Jan-12 TMD Titan Medical Inc New Listing
20-Jan-12 GCI Canoe Go Canada Income Fund Warrants Expire
19-Jan-12 MGA Mega Uranium Ltd Warrants Expire
6-Jan-12 MQA Macquarie Emerging Mkts Infr Inc Fund Warrants Expire
4-Jan-12 BNK Bankers Petroleum Ltd  Warrants Expire
3-Jan-12 XRG Xinergy Ltd Warrants Expire
3-Jan-12 HNT Huntingdon Real Estate Investment Trust  Company News



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Warrant Calculators

Warrant Calc

Intrinsic (Per Warrant) $0.00 Fair Value (Per Warrant) $0.00


Warrant Terms
  • Expiration Date: The last day the warrants can be exercised. If warrants aren't going to be exercised then they must be sold the day before the expiry date. The longer the time to expiry the more valuable the warrants.
  • Leverage: A measure of how much you can increase your exposure to a share if you bought warrants instead of making a direct investment. It is the current share price divided by the current price of the warrant.
  • Intrinsic Value: The difference between the exercise price and the actual trading price of the common stock. Once the common has gone over the exercise price, the warrants are "In the Money."
  • Volatility: The higher the volatility rating, the higher the price of the warrant. Historical volatility is calculated by using the standard deviation of an underlying stock price over a specific period.
  • Time Value: The difference between the current warrant price and its intrinsic value. Interpreted as the consideration paid for the advantage the warrant buyer has over the direct investor.
  • What Exactly is a Canadian Stock Warrant:
    In Canada, a warrant is a security issued directly by a corporation (not by other traders like options) that gives you the right to buy their stock at a fixed price (the strike) for a set period (usually 2 to 5 years).Key Terms You’ll See on the TSX/TSXV:The Strike Price: The price you pay to "exercise" the warrant.The Expiry Date: The "drop-dead" date. In Canada, these are often longer than US-listed options, giving you years for your thesis to play out.The Acceleration Clause: A uniquely Canadian feature. If the company’s stock stays above a certain price for a set number of days, they can force you to exercise your warrants early.
  • Visualizing the Lifecycle: Visualizing the Lifecycle Unlike a stock that you can hold "forever," a warrant has a clear beginning, middle, and end.Issuance: Usually bundled into a "Unit" (1 Share + 1/2 Warrant) during a private placement or IPO.Separation: After a short period, the warrants "detach" and begin trading under their own symbol.The Exercise Window: Your opportunity to profit.Expiration: If the stock is below the strike price on this day, the warrant becomes worthless.
  • How to Read Canadian Warrant Symbols: If you are looking for these on your brokerage platform you need to know the suffixes. Exchange Suffix Example: Toronto Stock Exchange SHOP.WT.TO, TSX Venture VABC.WT.VN, Canadian Securities Exchange GROW.WT.CN. Pro Tip: If a company has multiple warrants, they are lettered (e.g., ABC.WT.A, ABC.WT.B). Always check the specific terms for the letter you are buying!"
  • The Math: Intrinsic vs. Time Value: Why does a warrant cost $2.00 when the stock is only $1.00 above the strike price?Intrinsic Value: The immediate "cash" value. (Stock Price - Strike Price). Time Value: The "hope" value. You are paying for the potential growth over the next few years. As the expiry date gets closer, this value disappears (a process called Time Decay).
  • Tax Considerations for Canadians: Warrants behave differently than stocks in the eyes of the CRA:Capital Gains: If you buy a warrant for $0.50 and sell it for $1.50, the $1.00 profit is treated as a standard Capital Gain (only 50% is taxable). TFSA/RRSP Eligibility: Most warrants listed on a "Designated Stock Exchange" (like the TSX) are qualified investments for your TFSA or RRSP. However, unlisted warrants from private placements often are not—be careful to avoid the 50% "prohibited investment" tax! Summary: The "Hockey Stick" Payoff The reason people love warrants is the Payoff Curve. While the stock moves in a straight line, the warrant stays flat until it hits the strike price, then it curves upward with extreme speed.